Ireland's July unemployment rate hits 4.7%, marking a 30-month high and fifth consecutive monthly rise.

Ireland's unemployment rate increased to 4.7% in July, marking a 30-month high and the fifth consecutive monthly rise. The jobless rate for men remains higher than for women, and those under 24 have been hit hardest, with a 11.4% unemployment rate. Dublin's job postings dropped 11% below pre-pandemic levels, while the economy is projected to operate at full employment with a low jobless rate of around 4.5% until 2026, according to the Central Bank.

August 06, 2024
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